Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: licenses Clear Filter

EchoStar to sell spectrum to SpaceX after FCC threatened to revoke licenses

SpaceX's complaints to the Federal Communications Commission have helped the satellite company land a $17 billion deal to buy spectrum licenses from EchoStar. The deal consists of up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock, EchoStar said. SpaceX also agreed to pay $2 billion worth of interest payments on EchoStar debt through November 2027. After SpaceX alleged that EchoStar subsidiary Dish Network "barely uses" its spectrum and urged the FCC to make the spectrum availab

AT&T acquires $23 billion worth of spectrum licenses from EchoStar

AT&T is set to acquire $23 billion worth of spectrum licenses from EchoStar, the parent company of Dish Network, Sling TV and Boost Mobile. The deal will see AT&T gain control of approximately 50MHz of low-band and mid-band spectrum, which are frequencies commonly used in 5G and LTE networks. EchoStar had been under pressure from the FCC to build out the spectrum in its portfolio or consider divesting it . The FCC's regulations take a 'use it or lose it ' approach to ensure that the spectrum li

FCC threat to revoke EchoStar spectrum licenses draws widespread backlash

The Federal Communications Commission is facing widespread criticism after threatening to revoke EchoStar licenses for spectrum bands that rival firms, including SpaceX, want to take over. Opposition to license revocations came from conservatives, telecom consumer advocates, and some industry groups. The Free State Foundation, a free-market group that has generally supported Republican priorities at the FCC, filed comments saying that "arbitrary" decisions would create instability in the market